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Apple Inc. (NASDAQ:AAPL) on Tuesday announced financial results for the fourth quarter of 2011. Apple posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. In the year-ago quarter the company generated revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share. The gross margin was 40.3 percent … Read More

On Thursday, Apple Inc. (NASDAQ:AAPL) sent out a press release for their Q4 2011 Earnings conference call, scheduled for October 18th. AAPL will announce, with this conference call the earnings for the fourth fiscal quarter of the 2011 year, which is the third calendar quarter. The conference call will go live around 5PM Eastern/ 2PM Pacific and will be available for … Read More

Remember the rumors when Steve met with Google’s Eric Schmidt for coffee? Well, this one is another, perhaps even more fantastical story! This one centers around Apple’s oft discussed cash hoard. Many believe that Apple sitting on piles of Billions of Dollars is unhealthy, and that they should use that money to grow their business. Some of these people work … Read More

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